Analysts who follow China Online Education Group – ADR (COE) expect an average increase of 1,261.70% over the next twelve months. These same analysts give the stock an average Buy rating. This average rating gives the stock an analyst rank of 16, meaning it ranks higher than 16 stocks, based on data compiled by Investors Observer.
Why are analyst ratings important?
You can learn a lot about a business by looking at its financial statements and comparing them to other businesses. Analysts who cover an industry in depth, however, can add even more to your research. They usually follow a particular sector or industry very closely. They also pay attention and ask about income conference calls and other events where they might learn information that shows up in the numbers.
Investors Observer takes the average score of these analysts, then the percentile ranks these averages. This allows you to compare stocks much more accurately than just seeing the typical five-level rating system used on most Wall Street.
What’s going on with China Online Education Group – ADR Stock Today?
China Online Education Group – ADR (COE) stock is trading at $ 2.35 at 9:52 a.m. on Thursday, October 7, an increase of $ 0.07, or 3.07% from the previous closing price of $ 2.28. The stock has traded between $ 2.33 and $ 2.40 so far today. The volume today is less active than usual. So far, 15,491 shares have been traded for an average volume of 887,809 shares. Click here for full stock report for China Online Education Group – ADR stock.